Looking for your next real estate investment? These areas should be on your radar
Top 5 Areas for Real Estate Investment in Dubai
Discover the best areas for real estate investment in Dubai, including Dubai Marina, Al Furjan, Town Square, Downtown Dubai, and Dubai Hills Estate.
Dubai is known for its variety of real estate investment opportunities. Through its appealing benefits and legislation, it attracts buyers from all around the world. However, every investor knows that one of the main pillars that can make or break your investment is the area. Location is vital when deciding on whether your investment will bring high returns and be a worthwhile addition to your portfolio. Whether you’re looking for your first investment or you’re an established investor, we have compiled a list of the top 5 areas you should keep on your radar for a successful investment.
Dubai Marina and JBR
With stunning views and a variety of options, Marina and JBR are regarded as one of the best investment areas. The distance to beaches, hotels, metros and highways only adds to the area’s appeal. In addition, the area has a collection of lavish and elegant waterfront properties. For instance, take a walk on the beach, watch a movie or enjoy a delicious dinner with family and friends; whatever your plans are, Marina and JBR have everything you need.
The average price of a one-bedroom apartment in those areas is AED 1.2M, with an ROI rate of 5.95%.
Al Furjan
Al Furjan is a well-connected family community in Dubai, boasting apartments and villas with connectivity to the city. Furthermore, the area includes parks, cycling trails and retail stores, all within walking distance from Discovery Gardens. The vast area includes about 4,000 apartments, hotels and commercial units, with plans to launch more throughout 2022.
In addition to its endless amenities, Al Furjan serves as the perfect intermediate point between Abu Dhabi and Dubai. Through time, it proved to be convenient for those who commute often between the two emirates.
The average price for a one-bedroom apartment in Al Furjan is AED 600k, with an RIO of 6.7%.
Town Square
A community known for its endless amenities and affordable rents, Town Square remains one of Dubai’s most sought-after communities. For lovers of secludedness and tranquillity, Town Square offers residents the most peaceful abode, right next to the desert. In this case, you can take a 5-minute drive into the infamous Al Qudra desert, with camping, sand dunning and relaxation opportunities. In addition, you can discover the countless activities in Town Square, from biking, swimming, dining and more.
The average price of a one-bedroom apartment in Town Square is AED 1M, with an ROI rate of 5.64%.
Downtown Dubai
An iconic landmark in Dubai’s skyline, Downtown Dubai has no shortage of mesmerizing views and amenities. Home to the world’s tallest building, Burj Khalifa, Dubai Mall, Dubai Opera, and endless entertainment, dining and retail ventures, Downtown Dubai is where everything happens. Furthermore, the area offers a dynamic and diverse range of residential and commercial units, becoming a residential, business and entertainment hotspot.
The average price of a one-bedroom apartment in Downtown Dubai is AED 1.5M, with an ROI rate of 5.51%.
Dubai Hills Estate
Wake up to luscious landscaped greens and pristine fairways with an iconic backdrop of the Burj Khalifa and the Dubai skyline. In other words, live in a sophisticated address that inspires peak performance, every day. The area is known for its golf courses and clubs, Dubai Hills has become a landmark for sophisticated holistic living. It includes luxuriously designed villas and townhouses. Moreover, what makes this area an investment hotspot is its lifestyle amenities, housing Gems International School, King’s College Hospital and Dubai Hills.
The average price of a 3-bedroom villa in Dubai Hills Estate is AED 3.9M with a ROI of 5.28%
